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India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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What has changed for your credit cards, starting today?

Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…

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My company is like my daughter... it was an emotional setback: Paytm founder Vijay Shekhar Sharma

Speaking at the 7th JIIF Foundation day, Sharma was asked about Reserve Bank of India (RBI's) actio…

PTI   


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Mumbai: ED seizes ₹37 crore worth deposits, cash in Ponzi case

Dalal "absconded" with this money after giving initial returns. It has been gathered that Dala…

PTI   


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Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI

On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…

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NPCI International to support Namibia develop instant payment system like UPI

A key emphasis of the Indian government has been on ensuring that the benefits of UPI are not limit…

ANI   


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Cash remains king in India, co-exists alongside digital modes of payment

In FY23, the transportation, organised retail, and BFSI sectors observed average annual increases o…

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Digital transactions to soon exceed cash in India: PM Modi

The Prime Minister of India, Narendra Modi, expressed hope that digital transactions will soon surp…

PTI   


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1 min read

₹2,000 note withdrawal sparks mini gold rush, cash payments at petrol pumps and more

₹2,000 note withdrawal sparks mini gold rush, cash payments at petrol pumps and more

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4 mins read

Now, tourists from G20 countries will get to use UPI instead of cash in India

RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…

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Eight in ten new UPI users are coming from Bharat

The use of UPI has gone beyond metros. Around 70% of UPI's current users hail from beyond Tier-1 ci…

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3 mins read

With transactions worth ₹126 lakh crore, UPI rules digital payments in 2022: Worldline report

Indians are increasingly choosing to pay digitally with transactions via debit, credit, prepaid car…

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Mobile payments pioneer Paytm ‘deeply rooted in India’ — social media users hail Paytm’s QR strength that powers India’s small merchants

India’s leading mobile payments company Paytm has empowered small merchants, fostered financial inc…

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Financial inclusion made easy for India’s small merchants with Paytm’s pioneering QR codes and Soundbox

From Rishikesh to Varanasi to Mumbai, India’s leading mobile payments and financial services compan…

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Petrol pumps are again the favourite hunting ground to dump Rs 2,000 notes

One of the major benefits of the Centre's decision to withdraw the Rs 2,000 currency note might be …

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3 mins read

UPI and other ways to withdraw cash from an ATM without using a debit card

India has recently launched Unified Payments Interface or UPI-based cash withdrawal from ATMs, afte…

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Rupee rises 1 paisa to 83.43 against US dollar in early trade

The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…

PTI   


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4 mins read

Radiant Cash Management Services IPO opens on Dec 23; price band at ₹94-99 per share

Radiant Cash Management Services, a Chennai-based cash logistics player, will open its initial publ…

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Meta-owned WhatsApp runs cash-back campaign for making digital payments in India

The company is giving away Rs 11 cashback up to three times by sending money to three different con…

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3 mins read

Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap

For the first time since 2002 – that’s 20 years – currency in circulation has declined during…